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Electronic deposits from your bank to Betterment typically invest the following trading day for deposits made before 11PM EST. This includes requests made on Saturday and Sunday. The only exception is auto-deposits that fall on weekends. If your auto-deposit falls on the weekend, it will invest on Tuesday (assuming that Monday is not a market holiday).

Electronic withdrawals from Betterment to your bank generally take 4-5 business days due to the required sale and settlement of securities. For example, if you made a withdrawal on Monday morning, you can expect your funds the following Monday (assuming that there are no market or bank holidays in the interim). Note that your withdrawal time may also be impacted if you have made recent deposits within the previous 5 business days.

Betterment does not guarantee specific execution timelines. We avoid trading on or around market open or close, as markets have historically been more volatile during this time. Pending wait times are imposed by banking and market rules and cannot be sped up by Betterment.

One reason we have no minimum balance is to ensure that every investor can get started building wealth with both long-term and short-term goals.

Betterment is a powerful way to put idle balances to work for you, including your safety net fund. Americans on average do not save nearly enough money, so we challenge you to deposit as much as you can comfortably afford because the more you invest the more that will grow. Note that the amount Betterment charges depends on your account balance. For more detail, look at our pricing page.

There are no fees for transactions with Betterment - ever. There are a few limits to transactions with Betterment:

Deposits must be between $10-$300,000, but you can initiate multiple deposits. The maximum amount you can deposit is $300,000 every two business days. Alternatively, you can always wire funds into Betterment of any amount.

You must wait 60 days to withdraw an IRA Rollover deposit.

You can only make one allocation change per business day, as we are not a licensed day-trading account.

To change your linked account online, click your name at the top right hand side of your profile, then click "Settings". You can change your bank account under the "Bank Account" section of the page.

Customers can only have one active checking account at a time linked to their Betterment account.

Please Note: Because electronic transfer is the primary way to move money to and from your Betterment account, you will not be able to delete the link to your checking account unless you add a new one.

We only allow electronic transfers to and from your Betterment account and your checking account via the ACH network and do not accept personal checks. Electronic ACH transfers are easy, safe, and cost-effective. Wires and checks are cumbersome and can be expensive to process due to bank fees. Credit and debit cards are also expensive, and the banks/credit card companies take around 3% of your transaction. We do not accept credit or debit cards as funding sources.

For transfers greater than $300,000, wire instructions may be generated from within the account. There is no fee from Betterment for wires, but please check with your bank for any applicable fees they may have.

Betterment does not offer check or wire transfers for withdrawals, but we do offer wire transfers for deposits into taxable goals. On the transfer page, simply click "wire transfer" near the green "New deposit" box to generate instructions.

The primary method of moving money to and from Betterment is electronic transfers with your checking account using the ACH network. Transferring money electronically is fast, cost-effective, and safe. Checks and wires are cumbersome for you and expensive to process.

Making deposits and withdrawals with Betterment is easy as the click of a button. From the transfer page, click "New deposit" or "New withdrawal" to begin. To transfer an existing IRA or company-sponsored retirement plan such as an 401(k), click the "Roll over an IRA or 401(k)" button.

The ACH daily electronic transfer limit is $300,000, so if your deposit is greater than $300,000, a wire transfer is required and wire instructions will appear after you click "Deposit" on the Transfer page. You can use these instructions to wire funds from a US bank account into Betterment. Note that these wire instructions are only applicable for taxable investment accounts and should not be used as direct deposit instructions or wires from an international bank account.

Two-step verification is an additional layer of security. You will be prompted with verification questions or a code, generated when you attempt to log into your financial institution. This code is usually provided via email, text, or telephone by your financial institution.

You are required to answer these verification questions or submit this code in order to be granted access to your account information. While some institutions require the use of two-step verification, others allow you to opt into it or do not offer it at all.

Please reach out to your receiving institution and request paperwork from them to have your assets transferred. There are never any fees to transfer out or close your account. For your taxable accounts, we can transfer full shares directly to another institution. For all IRA accounts - funds will be automatically liquidated to cash and a check will be sent to your new institution. There is no negative tax consequence for this.

Your new institution will need to know your Betterment account number, which can be found on the "Settings" page of your Betterment account under "Accounts".

The transfer paperwork should include a copy of the first page of your most recent Betterment statement, which you can find on your Activity page.

For transfers of less than $250,000 being transferred to another IRA, simply submit original transfer paperwork along with your most recent Betterment account statement.

If you are transferring out an account valued at over $250,000 to another taxable account, the transfer paperwork will need to be medallion signature guaranteed.

If you are transferring out less than $250,000 to another taxable account, please have your signature notarized on the transfer paperwork or have the paperwork medallion signature guaranteed, and include the first page of your most recent Betterment statement.

A copy of a Betterment account statement, which can be found on the Activity page.

A letter from you authorizing the rollover. This should reference the words, "I authorize the transfer of assets from my Betterment (Traditional or Roth) IRA account into my 401(k)/employer sponsored plan".

The transfer paperwork can be mailed to:

Betterment Transfers
61 W 23rd. St
Floor 4
New York, NY 10010

Betterment will not assess a liquidation or transfer fee for moving your account out.

Betterment supports transfers from outside brokerages using the Automated Customer Account Transfer Service (ACATS). This is also known as an “in-kind transfer.”

For non-IRA accounts, we currently accept electronic transfers (ACATS) for select ETFs, Cash and single stocks; we do not currently accept shares of mutual funds. Each electronic transfer request is subject to review by our team. We are currently offering this feature on a limited rollout. We hope to accept a wider variety of ETFs in the future.

Unless otherwise specified, all return figures shown above are for illustrative purposes only, and are not actual customer or model returns. Actual returns will vary greatly and depend on personal and market circumstances.

Brokerage services provided to clients of Betterment LLC by Betterment Securities, an SEC registered broker-dealer and member FINRA/SIPC.
Investments: Not FDIC Insured • No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Betterment's charges and expenses. Betterment's internet-based services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client's financial situation and do not incorporate specific investments that clients hold elsewhere. For more details, see our see our Form ADV Part 2 and other disclosures. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. See full disclosures for more information. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Betterment is not registered. Market Data by Xignite.